NACA sues Polymarket in D.C. Superior Court, alleging deceptive influencer marketing targeting college students with paid promotions that hid financial

A Wall Street Journal probe found Polymarket paid creators to post 1,100 videos with fake trades and nearly $1.9M in fabricated winnings on dummy websites.

A bipartisan pair of senators pressed regulators to scrutinize the prediction market’s deceptive marketing. An investigation has already been underway.